Matt Blackman

Toronto Stock Exchange Displaying Strength

Not sure where you learned your technical analysis but the TSX is not displaying any kind of strength from the charts you exhibit above. And I agree with the comment above, it is WAY too early to expect inflation to begin to play a part in propelling the TSX higher.

But one other key point you miss altogether. My research indicates that the TSX performs even worse than the SPX or DJIA in the two US post election years. Since 1950 97% of TSX gains came in the 26 months leading up to US elections versus just 3% in the 22 months afterward. Not very good odds from an historic perspective and as a trader, probability is one of the best tools available.